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Local banking directory

Banks and Bank Branches in Luverne, Minnesota

The FDIC reported 4 deposit-reporting offices from 3 institutions in Luverne as of June 30, 2025. Bankular currently provides 4 detailed location pages with addresses, maps and directions.

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FDIC-reported offices4
Institutions reporting3
Detailed location pages4
Reported branch deposits$311.0M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionMinnwest Bank48.40% of deposits
Top three share100.00%
Deposit HHI3,674Higher concentration
Current detailed pages4Matches the June 2025 SOD office count

Minnwest Bank held 48.40% of reported branch deposits in Luverne. The three largest institutions together held 100.00%. Bankular places the resulting HHI of 3,674 in its higher concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Minnwest Bank2$150.5M48.40%
Security Savings Bank1$80.7M25.96%
First Farmers & Merchants National Bank1$79.8M25.65%